SharpLink Gaming Ltd. (SBET) Stock Price & Analysis
Market: NASDAQ • Sector: Consumer Cyclical • Industry: Gambling, Resorts & Casinos
SharpLink Gaming Ltd. (SBET) Profile & Business Summary
SharpLink Gaming Ltd. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. It operates through Affiliate Marketing Services United States, Sports Gaming Client Services, Enterprise Telecom Expense Management, and Affiliate Marketing Services International segments. The company collects information on potential U.S. domiciled sports bettors, connects them with contextual sports betting content, and converts them to paying sports betting customers, as well as offers sports betting data to sports media publishers. It also provides development, hosting, operations, maintenance, and service of free-to-play games and contests; and solutions for telecommunications expense management, enterprise mobility management, call usage, and accounting software, as well as iGaming and affiliate marketing network, which focuses on delivering quality traffic and player acquisitions, and retention and conversions to global iGaming operator partner worldwide. The company was founded in 2019 and is headquartered in Minneapolis, Minnesota.
Key Information
| Ticker | SBET |
|---|---|
| Exchange | NASDAQ |
| Official Site | https://www.sharplink.com |
Market Trend Overview for SBET
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-03-25 (ET)
As of 2026-03-25, SBET is moving sideways with low volatility. Over the longer term, the trend remains bullish.
SBET last closed at 7.28. The price is about 0.1 ATR below its recent average price (7.40), and the market is currently in a sideways market with low volatility. Price at 7.28 is moving between light support near 7.21 and light resistance near 7.32. Direction remains unclear. View Support & Resistance from Options
Price is moving in a tight range. This often leads to a stronger move once the range breaks, increasing one-sided risk.
Trend score: 40 out of 100. Overall alignment is unclear. The market is currently in a sideways phase with tightening price movement. The longer-term trend is still positive, but short-term signals are not yet confirming it.
There is no clear risk level acting as a key boundary right now.
A systematic trend-activation signal was most recently triggered on 2026-03-04, reflecting a technical shift toward positive directional alignment.
[2026-03-24] Price moved quickly and looked strong, but participation was limited.
Recent price movement appears increasingly driven by low-effort advances. Such hollow progression often reflects reduced participation and lower reliability of continuation.
There was no clear sign of meaningful positions being carried into the overnight session.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is trading 4.0% below the recent estimated cost basis of 7.58, so the recent structure is still leaning under pressure. Price is below the main cost band (7.34 to 7.63), and roughly 82% of recent positioning remains under water. That means rebounds can still run into supply from trapped holders. The higher up selling area sits around 7.89 to 7.98, so rebounds may begin to slow as price pushes into that zone. From a trading point of view, this setup remains tougher until price can reclaim the lower edge of the main cost band near 7.34.
Short Interest & Covering Risk for SBET
This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.
Shows how likely a short squeeze may be under current market conditions.
Short Exposure Percentile
Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 33%)
Structure Analysis
SBET Short positioning is very crowded. Current days to cover is 5.2 trading days, meaning short covering pressure could be amplified relative to normal conditions. If covering begins, price moves could be meaningfully amplified. Early signs of positioning pressure are emerging (Fragility Score 44/100, DTC percentile 95%) with short positioning continuing to expand and liquidity contracting meaningfully (volume -38%).
Risk Summary
Some early warning signs are emerging. Price strength remains intact, but underlying support may be starting to weaken.This indicator is intended as a risk filter, not a directional signal. A High or Extreme reading does not predict an immediate move, but suggests that if prices weaken, downside reactions may be more pronounced.
Why Price Reactions May Be Stronger?
Days-to-Cover is elevated versus its own history, but absolute short interest remains moderate. In the latest reporting period, short interest continues to increase. Average trading volume is weakening, indicating contracting liquidity. Price action is compressing (range is tightening), which can make breaks more sensitive. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. Rising short pressure is occurring while liquidity is deteriorating. As a result, similar news or market events could lead to price moves about 3× larger than usual.
Note:
Short interest data is reported every two weeks by
FINRA.
The most recent snapshot is
2026-02-27 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.